The Pretense of Knowledge

One of the great contributions of Nobel Laureate economist Friedrich Hayek was to admonish us to recognize the insurmountable limits to human knowledge. Why? Not even the brightest minds, and surely not the U.S. Congress, can ever have the knowledge to shape an...

A Victory for the Rule of Law

The Florida Supreme Court has just upheld an appellate court decision to throw out a $145 billion verdict in the case of Engle vs. Liggett Group. While the decision is being hailed as a major victory for tobacco companies, it is far more than that. The court...

Back From Vacation

There is nothing like returning home to recover from a vacation. They say traveling is broadening and that has certainly been my experience. My waistline broadens by about an inch a week when I am traveling. The most dangerous mode of travel is the automobile. Every...

Bully Boy Theodore “Teddy” Roosevelt

A special issue of Time magazine celebrates the historic career of Theodore Roosevelt and the implications of his presidency for the development of American society. In the phony familiarity of our times, where you call people by their first names when you have never...